H.J. Heinz 401k (ERSP) Plan PSDS Scan 12-31-2010

The H.J. Heinz 401k (ERSP) Plan has not been scanned before. The trustee is Bank of New York Mellon and the Plan has 16 investment options; 8 Vanguard, 2 Fidelity 4 from other Mutual Fund companies, company stock HNZ and  a stable value fund FMIP in the scan. The Balanced portfolio 5yr APR is 7.01% with a Sharpe ratio of 1.07 both above average. The 401k Plan was helped by company stock HNZ that has a 5yr APR of 11.85% with a Sharpe ratio of 0.403. The Plan has no Target Date Retirement funds and does not need them in my opinion. It is a well designed 401k Plan with good equity and good income investment options but like all Plans there is room for improvement. I changed the 3D scan viewing angle for this scan for a research study of mine.